Mr. Võ Trường Sơn. Photo: HAG
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According to HAG, Mr. Võ Trường Sơn expressed his desire to resign from the positions of General Director and Legal Representative of the company for personal reasons. At the same time, HAG appointed Mr. Nguyễn Xuân Thắng to replace Mr. Sơn in the positions for a term of 5 years, starting from February 7, 2024.
Mr. Võ Trường Sơn, born in 1973, holds a Master’s degree in Finance. He previously worked at major audit companies such as A&C and Ernst & Young before joining HAG in 2008. In 2015, HAG appointed Mr. Sơn as the General Director of the company.
Mr. Sơn has worked at HAG for 16 years and served as the General Director for 9 years. He has been a positive contributor to the construction and development of HAG until now. Apart from holding just over 104 shares of HAG personally, Mr. Sơn’s relatives do not hold any HAG shares.
After stepping down as the General Director, Mr. Sơn remains a member of the Board of Directors for the term 2021-2026.
The new General Director of HAG – Mr. Nguyễn Xuân Thắng, born in 1977, has a Bachelor’s degree in Economics. Mr. Thắng joined HAG in 2007 and does not hold any shares.
The high-level personnel changes are taking place as HAG is undergoing restructuring in both business operations and finance. The company is prioritizing the direction of clearing all debt and investing in the core area of agriculture, while also calling for additional resources from external parties.
In terms of business performance, at the end of 2023, HAG achieved a net revenue of nearly 7 trillion VND, an increase of 36% compared to 2022, and a net profit of 1.709 trillion VND, more than one and a half times the previous year. This is the highest profit level in the past 13 years for the company.
Significant financial activities in the fourth quarter, HAG earns multiple times compared to the same period.
In terms of operations, just before the Lunar New Year, the State Securities Commission (SSC) issued a decision to impose a fine on Hoàng Anh Gia Lai totaling over 242 million VND for violations in the securities sector.
In particular, HAG was fined 92.5 million VND for not disclosing information about the report on the use of capital from the bond issuance in 2021, the report on the principal and interest payments of the bonds in 2021…
Furthermore, the company was fined 150 million VND for disseminating misleading information (the company disseminated inaccurate information about the expected number of shares to be distributed to Viet Cat Fund Management Joint Stock Company). In addition, HAG was also subject to remedial measures, which require them to rectify the information according to regulations.
Thế Mạnh
